Equity Lifestyle (NYSE: ELS) director awarded restricted stock grants
Rhea-AI Filing Summary
Papandreou Radhika reported acquisition or exercise transactions in this Form 4 filing.
Equity Lifestyle Properties director Radhika Papandreou reported two equity awards in the form of common stock on April 28, 2026. She received 2,316 shares and a separate award of 120 shares of common stock, each priced at $62.60 per share.
The awards are described as restricted stock subject to time-based vesting, with portions scheduled to vest on 10/28/26, 4/28/27, and 4/28/28. Following these grants, she holds 7,356 shares of Equity Lifestyle Properties common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,436 shares
Net Buy
2 txns
Insider
Papandreou Radhika
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $.01 | 2,316 | $62.60 | $145K |
| Grant/Award | Common Stock, par value $.01 | 120 | $62.60 | $8K |
Holdings After Transaction:
Common Stock, par value $.01 — 7,356 shares (Direct)
Footnotes (2)
- F1. Grant of restricted stock subject to vesting as follows: 1/3 on 10/28/26, 1/3 on 4/28/27, and 1/3 on 4/28/28
- F2. Grant of restricted stock subject to vesting on 4/28/27
Key Figures
Grant size 1: 2,316 shares
Grant size 2: 120 shares
Grant price: $62.60 per share
+3 more
6 metrics
Grant size 1
2,316 shares
Restricted common stock grant on 2026-04-28
Grant size 2
120 shares
Additional restricted common stock grant on 2026-04-28
Grant price
$62.60 per share
Per-share value used for both restricted stock grants
Post-transaction holdings
7,356 shares
Director’s direct common stock holdings after reported grants
Vesting dates (tranche grant)
10/28/26, 4/28/27, 4/28/28
Vesting schedule for one restricted stock grant
Single-date vesting
4/28/27
Vesting date for another restricted stock grant
Key Terms
restricted stock, vesting, par value $.01
3 terms
restricted stock financial
"Grant of restricted stock subject to vesting as follows"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
vesting financial
"subject to vesting as follows: 1/3 on 10/28/26"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
par value $.01 financial
"Common Stock, par value $.01"
FAQ
What did director Radhika Papandreou report for ELS in this Form 4?
Director Radhika Papandreou reported receiving two grants of Equity Lifestyle Properties common stock on April 28, 2026, totaling 2,436 shares. The awards are structured as restricted stock subject to time-based vesting over multiple future dates.
Are the ELS stock grants to Radhika Papandreou subject to vesting?
Yes, the stock grants are restricted stock subject to vesting. The filing notes portions vesting on 10/28/26, 4/28/27, and 4/28/28, with an additional grant vesting on 4/28/27, reflecting time-based vesting conditions.
What price was used for the ELS restricted stock grants to Radhika Papandreou?
Both restricted stock grants to Radhika Papandreou used a per-share value of $62.60 for the common stock. One grant covered 2,316 shares and the other 120 shares, all in Equity Lifestyle Properties common stock, par value $.01.
AI-generated analysis. How Rhea-AI works. Not financial advice.
